Plan Ledger DOL Form 5500 · updated monthly

Active Minerals International, LLC401(k)

AMI, LLC 401(K) PLAN · SPARKS, MD · plan year 2023

Reported admin expense ratio · 2023
0.08%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Active Minerals International, LLC reported $13,053 in plan administrative expenses for 2023: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,134 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio fell from 0.12% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 711th-largest of 1,671 plans among Maryland employers on file, and the 2,085th of 4,246 in wholesale trade. In 2023, employees put in $1.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,844,088
Participants with balances235
Active participants190
Employer contributions$975,536
Employee contributions$1,339,454
Employer contribution per active participant$5,134
Average account balance$75,932
Benefits paid to participants$1,933,068
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $906K emplr
2023$17.8M · 235 accts · $976K emplr
2022$14.9M · 251 accts · $932K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$13,053
Total administrative$13,053
The Active Minerals International, LLC 401(k) match · 2023
Employer contribution per active participant$5,134
Median for plans this size$2,440
2023$5,134 per active participant
2022$4,502 per active participant

Active Minerals International, LLC's 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$13,053

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024Not separately reported
2023$13,053 · 0.08%
2022$19,371 · 0.12%
Same employer
Similar plansWholesale Trade · Maryland
Bell Nursery USA LLC MD$19.5M · 0.39%
Leadiant Biosciences, Inc. MD$19.4M · 0.08%
S.H. Tevis & Son Inc. MD$17.0M · 0.46%
Saval Foods Corporation MD$15.9M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208900940 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.